Join us as the Principal Associate Director, reporting to the DER Deputy Director, and lead the Office of Fannie Mae Examinations. You'll manage six specialized branches-Credit Risk, Market Risk, Operational Risk, Governance, Model Risk, and IT-while driving the success of FHFA's mission. As an FHFA Executive, you'll play a key role in leading these teams and ensuring the accomplishment of organizational objectives.
Summary
Join us as the Principal Associate Director, reporting to the DER Deputy Director, and lead the Office of Fannie Mae Examinations. You'll manage six specialized branches-Credit Risk, Market Risk, Operational Risk, Governance, Model Risk, and IT-while driving the success of FHFA's mission. As an FHFA Executive, you'll play a key role in leading these teams and ensuring the accomplishment of organizational objectives.
Description of Organization(s)/Programs Managed and Reporting Structure:
The Principal Associate Director reports to the DER Deputy Director and manages the Office of Fannie Mae Examinations ("Examination Team"). The Examination Team is composed of six branches: Credit Risk Branch; Market Risk Branch; Operational Risk Branch; Governance Branch; Model Risk Branch; and Information Technology Branch. The head of each branch reports to the Principal Associate Director, and the Principal Associate Director may also have one or more direct reports that do not report through the branch heads.
EXECUTIVE DESIGNATION: This is a position designated as an FHFA Executive by the Director based on the incumbent's influence over and accountability for effectively accomplishing the FHFA mission. Below is a general description of the executive roles and responsibilities representative of FHFA executive positions, followed by a description of the programs and functions managed, the position's reporting structure, and the specific roles and responsibilities assigned to this position.
EXECUTIVE ROLES AND RESPONSIBILITIES:
Oversees the management of assigned organizational unit and/or program area, directing and coordinating the implementation of programs and policies for assigned functional area. Analyzes the implications and impact of current and proposed policies, programs, and practices, with broad discretion to approve courses of action and resolve concerns of major significance.
Leads, motivates, and develops a staff of employees. Evaluates performance in accordance with FHFA guidelines; has authority to make a broad range of human resource decisions including hiring, promotion, adverse actions, performance evaluation/awards, and the development/training/mentoring of staff. Models innovation, creativity, and excellence and encourages the development of those competencies throughout FHFA. Performs these duties following and promoting equal employment opportunity principles.
Establishes objectives and goals in support of the Agency/organization's mission and strategic/operating plans. Develops short- and long-term plans and establishes priorities for the organization. Plans and manages resources with accountability for achievement of organizational goals and objectives and for overall Agency results.
Functional Roles and Responsibilities Specific to This Executive Position:
Serves as Examiner-in-Charge (EIC) to the DER Deputy Director by supporting FHFA Strategic Goal 1, "Secure the Regulated Entities' Safety and Soundness." The EIC is responsible for directing and overseeing the planning, performance and documentation of DER's examination activities at Fannie Mae. The EIC supervises the Examination Team's work to develop and document findings and conclusions and to communicate findings and expectations for remedial action to Fannie Mae. Examination documentation is prepared and approved in accordance with applicable DER and FHFA guidance. Examination work products include:
Business profile of Fannie Mae to inform the examination strategy;
Annual examination strategy that takes into account Fannie Mae business operations, the quality of controls; changes in the economic and regulatory environment, and emerging issues and risks;
Annual risk-based examination plan for Fannie Mae and a mid-year update to the examination plan;
Semi-annual risk assessment; and
Annual Report of Examination, which includes the assignment of ratings under FHFA's CAMELSO ratings system.
The EIC serves as the primary contact for Fannie Mae on matters relating to DER supervision, and the EIC is the primary advisor within FHFA on Fannie Mae supervisory issues.
In collaboration with other members of the DER senior executive team, the EIC participates in review and vetting of DER and Agency products and management decisions and oversees the Examination Team's contribution to DER responses to oversight and other inquiries.
The EIC is responsible for developing, mentoring and managing staff so that the Fannie Mae Examination Team has adequate subject matter expertise and management resources to fulfill its responsibilities.
Status Candidates (Merit Promotion and VEOA Eligibles) and those eligible under other hiring authorities
SF 50's are appreciated but not required of current FHFA employees. Please include one showing tenure 1 or 2, and competitive status. If you are a current SES, you must provide an SF-50 that indicates your competitive eligibility.
Males born after 12-31-59 must be registered for Selective Service
May be required to successfully complete a supervisory probationary period
Only experience and education obtained by the closing date of this announcement will be considered.
Status candidates must meet time-in-grade requirements (52 weeks at the next lower grade level).
Suitable for Federal employment, as determined by background investigation
Resume and supporting documents (See How To Apply)
Bargaining Unit Status: Ineligible
This position requires the annual completion of a financial disclosure report.
FHFA participates in e-Verify. All new hires must complete the I-9 Employment Verification form either on or before their first day of employment. If a discrepancy arises, you must take affirmative steps to resolve the matter.
If you are currently, or have been within the last 5 years, a political Schedule A, Schedule C, Non-career SES or Presidential Appointee employee in the Executive Branch, you must disclose this information to the Human Resources Office.
Qualifications
You may qualify for your desired series and grade level if you meet the following qualification requirements:
MINIMUM QUALIFICATIONS: Applicants must have 52 weeks (one-year) of specialized experience equivalent to the next lower grade level as described below.
LL-01 Experience: I qualify for the LL-01 because I have at least 52 weeks of specialized experience at the EL-15 or higher demonstrating work experience with the statements described below. Examples of specialized experience include:
Experience monitoring and assessing the financial condition and performance of complex financial institutions and their compliance with regulations through annual on-site examinations, periodic visitations, and ongoing monitoring and analysis.
Experience managing an examination in which the duties include making decisions concerning the regulation and supervision of financial institutions; leading examiners with oversight responsibilities for condition, performance, and safety and soundness of financial institutions.
Demonstrated professional experience leading, managing or supervising the safety and soundness examinations of large, complex institutions.
Experience providing expert advice on complex financial issues and in defining the rules and regulations for measuring the safety and soundness of a large financial institution.
Experience managing staff.
Time-In-Grade: Current FHFA employees who have held an EL/GS position in the preceding 52 weeks, must meet the time-in-grade requirement.
To be eligible for the LL-01 position, applicants must have served 52 weeks as an EL/GS-15 or higher in the Federal Service.
Experience refers to paid and unpaid experience, including volunteer work done through National Service programs (e.g., Peace Corps, AmeriCorps) and other organizations (e.g., professional; philanthropic; religious; spiritual; community, student, social). Volunteer work helps build critical competencies, knowledge, and skills and can provide valuable training and experience that translates directly to paid employment. You will receive credit for all qualifying experience, including volunteer experience.
Education
ARE YOU USING YOUR EDUCATION TO QUALIFY? You MUST provide transcripts or other documentation to support your educational claims. Unless otherwise stated: (1) official or unofficial transcripts are acceptable, or (2) you may submit a list with all of your courses, grades, semester, year, and credit for the course. All materials must be submitted by the closing date of the announcement.
GRADUATE EDUCATION: One academic year of graduate education is considered to be the number of credits hours your graduate school has determined to represent one academic year of full-time study. Such study may have been performed on a full-time or part-time basis. If you cannot obtain your graduate school's definition of one year of graduate study, 18 semester hours (or 27 quarter hours) should be considered as satisfying the requirement for one year of full-time graduate study.
FOREIGN EDUCATION: If you are using education completed in foreign colleges or universities to meet the qualification requirements, you must show the education credentials have been evaluated by a private organization that specializes in interpretation of foreign education programs and such education has been deemed equivalent to that gained in an accredited U.S. education program; or full credit has been given for the courses at a U.S. accredited college or university. For further information, visit: http://www.ed.gov/about/offices/list/ous/international/usnei/us/edlite-visitus-forrecog.html
This position is required to complete an annual financial disclosure report.
If you are a veteran with preference eligibility and are claiming 5-points veterans' preference, you must submit a copy of your DD-214 or other proof of eligibility. If you are claiming 10-point veterans' preference, you must also submit an SF-15, "Application for 10-Point Veterans' Preference" plus the proof required by that form. For more information on veterans' preference visit: https://www.usajobs.gov/Veterans.
FHFA is an Equal Opportunity Employer and all qualified applicants will receive consideration for employment regardless of race, color, religion, gender (including pregnancy, sexual orientation, and gender identity), national origin, disability (physical or mental), age (40 years of age or over), genetic information, parental status, marital status, prior protected EEO activity, political affiliation, or other non-merit factors.
REASONABLE ACCOMODATION: FHFA provides reasonable accommodations to applicants with disabilities, except when doing so would pose an undue hardship on the Agency. If you need a reasonable accommodation for any part of the application and hiring process, please notify FHFA. The Agency's decision on granting a reasonable accommodation will be made on a case-by-case basis.
Ethics: FHFA employees are subject to government-wide ethical standards of conduct, financial disclosure requirements, and post-employment prohibitions. In addition, certain FHFA employees are prohibited from accepting compensation from Fannie Mae and Freddie Mac for a two-year period after terminating employment with FHFA. Furthermore, to avoid financial conflicts-of interest or the appearance of conflicts-of-interest, FHFA employees may need to divest or sell certain assets they, their spouse, or minor children own or control, including securities issued by Fannie Mae, Freddie Mac, or the Federal Home Loan Banks. Employees who work on Federal Home Loan Bank issues may need to sell or divest financial interests with any of the Federal Home Loan Bank members, which may include stock in bank holding companies, insurance companies, and other financial services firms. Questions regarding these requirements and prohibitions should be directed to the Office of General Counsel at (202) 649-3088.
In accordance with the Fair Chance Act, the Federal Housing Finance Agency (FHFA) may not request, in oral or written form, that an applicant for an appointment to (FHFA) disclose criminal history record information before the appointing authority extends a tentative offer to the applicant. Allegations of FHFA violations of this Act may be submitted to fairchanceactcomplaints@fhfa.gov or to Fair Chance Act Complaints, Office of Human Resources Management, Employee Relations Branch, FHFA 400 7th Street, SW Washington DC 20219 within 30 days from the agency employee's alleged non-compliance with the law.
A career with the U.S. government provides employees with a comprehensive benefits package. As a federal employee, you and your family will have access to a range of benefits that are designed to make your federal career very rewarding. Opens in a new windowLearn more about federal benefits.
Eligibility for benefits depends on the type of position you hold and whether your position is full-time, part-time or intermittent. Contact the hiring agency for more information on the specific benefits offered.
How you will be evaluated
You will be evaluated for this job based on how well you meet the qualifications above.
Applicants meeting the Specialized Experience will be eligible for consideration in this process. You will be rated based on the quality and extent of your leadership and technical experience and accomplishments. Your on-line application, responses to the on-line questions, ECQ's and other documentation submitted will be used to evaluate you on the five Executive Core Qualifications (ECQs).
All of the information you provide will be verified by a review of the work experience and/or education as shown on your application forms, by checking references or through other means, such as the interview process. This verification could occur at any stage of the application process. Any exaggeration of your experience, false statements, or attempts to conceal information may be grounds for rating you ineligible.
Competencies:
Building Coalitions
Delivering Results
Leading Change
Leading People
Managing Resources
Executive Core Qualifications: You must submit a summary of two (2) pages total of your experience as it relates to the below Executive Core Qualifications (ECQs). Or you may also apply for this position with your resume only as long as evidence of each ECQ is clearly reflected in your resume by name or number (not by inference). Note: This summary may include professional and volunteer experience, education, training, and awards.
ECQs:
(1) Ability to deliver results
(2) Skill in building coalitions
(3) Ability to manage resources
(4) Ability to lead people
(5) Ability to lead change
A career with the U.S. government provides employees with a comprehensive benefits package. As a federal employee, you and your family will have access to a range of benefits that are designed to make your federal career very rewarding. Opens in a new windowLearn more about federal benefits.
Eligibility for benefits depends on the type of position you hold and whether your position is full-time, part-time or intermittent. Contact the hiring agency for more information on the specific benefits offered.
FHFA's application process has been specifically developed to ensure that we only ask you for the information we absolutely need to evaluate your qualifications and eligibility. All applicants are required to submit the following supportive documents:
1. Your resume:
Your resume should list all work experience (paid and unpaid); you must list the full name of each employer.
For all types of work experience, you should indicate the start and end date (include month and year); you must also list the average number of hours per week that your worked.
Your resume should also include any education and training you have completed (list the program title, subject area, number of hours completed, and completion date).
2.SF 50's are required with the exception of current FHFA employees. Please include an SF-50 that shows your tenure (1 or 2 in Block 24) and competitive status (1 in Block 34). You will not be considered without this. The SF 50 should show highest grade held on a permanent basis in the competitive service. If you are a current SES, you must provide an SF-50 that indicates your competitive eligibility.
3. If you are not a current permanent FHFAexecutive, your application must also indicate how you meet the Executive Core Qualifications (ECQ's): You can submit a summary of 2 pages total of your experience as it relates to the below Executive Core Qualifications (ECQs). Or you may also apply for this position with your resume only as long as evidence of each ECQ is clearly reflected in your resume by name or number (not by inference).
Only current permanent FHFA executives are not required to submit or directly address the ECQ's
ECQs:(1) Ability to deliver results; (2) Skill in building coalitions; (3) Ability to manage resources; (4) Ability to lead people; and (5) Ability to lead change. This summary may include professional and volunteer experience, education, training, and awards.
4. Required, if applicable: CTAP/ICTAP documentation (a copy of a separation notice or other proof of eligibility for priority selection; a copy of an SF-50, Notification of Personnel Action, showing current position, grade, promotion potential, and duty location; AND a copy of your most recent performance appraisal.)
5. Required, if applicable: Veteran's Preference Documentation (DD-214, Member Copy 4 or other documentation containing dates of service and character of discharge. Disabled veterans and other applicants eligible for 10-point Veteran's Preference please include: documentation to validate your claim - VA letter, SF-15, etc.).
6. Other Supporting Documents:
Cover Letter, optional
Schedule A letter, if applicable
Important Notes:
Utilize the preview feature of USA Jobs to view your documents and ensure the formatting remains and all documents are legible.
Additional materials will not be accepted after the announcement closes (e.g. updated grades, updated resume, etc.).
Your full name must be clearly visible on all documents.
Do not submit encrypted documents.
Tips: Encrypted documents do not transmit properly through USA Jobs. We recommend, you save the document as a new PDF, or Print to PDF to ensure the document comes through properly and is displayed properly using the USA Jobs preview feature.
If the position has an education requirement or you are qualifying on the basis of education, you need to list your education history including the type of degree and your major of study. If the position requires a certain number of credit hours, you are strongly encouraged to list the relevant courses in your resume. Do not include a photograph or video of yourself, or any sensitive information (age, date of birth, marital status, protected health information, religious affiliation, social security number, etc.) on your resume or cover letter. We will not access web pages linked on your resume or cover letter to determine your qualification.
Failure to submit any of the above-mentioned required documents may result in loss of consideration due to an incomplete application package. It is your responsibility to ensure all required documents have been submitted.
If you are relying on your education to meet qualification requirements:
Failure to provide all of the required information as stated in this vacancy announcement may result in an ineligible rating or may affect the overall rating.
To apply for this position, you must complete the online application and submit the documentation specified in the Required Documents section below.
A complete application package must be submitted by 11:59 PM (EST) on 12/27/2024 to receive consideration.
To begin, click Apply to access the online application. You will need to be logged into your USAJOBS account to apply. If you do not have a USAJOBS account, you will need to create one before beginning the application.
Follow the prompts to select your resume and/or other supporting documents to be included with your application package. You will have the opportunity to upload additional documents to include in your application before it is submitted. Your uploaded documents may take several hours to clear the virus scan process.
After acknowledging you have reviewed your application package, complete the Include Personal Information section as you deem appropriate and click to continue with the application process.
You will be taken to the online application which you must complete in order to apply for the position. Complete the online application, verify the required documentation is included with your application package, and submit the application.
To update your application, including supporting documentation: During the announcement open period, return to your USAJOBS account, find your application record, and click Edit my application. This option will no longer be available once the announcement has closed.
To view the announcement status or your application status: Click on this: https://www.usajobs.gov/Help/how-to/application/status/. Your application status page is where you can view your application status, and review your notifications sent by the hiring agency regarding your application.
If you are unable to apply online, you must request an alternative application which is available from the Human Resources Office. Please contact Devin Hinkle at devin.hinkle@fhfa.gov or (202) 649-3777 to obtain an alternative application.
FEDERAL HOUSING FINANCE AGENCY
400 7th Street, SW
Washington, DC 20219
US
Next steps
After all application packages have been received, we will review your materials to ensure you meet the basic qualification requirements. We will evaluate each applicant who meets the basic qualifications on the information provided in his/her resume and the completed Occupational Questionnaire. Applicants deemed best-qualified may be contacted for an interview. We anticipate making a final job offer for this position within 45 days after the deadline for applications. All candidates will be notified of the final disposition.
There is currently one vacancy available for this announcement. However, should additional vacancies become available within three months from the closing date of this announcement, eligible applicants for this position may be referred for consideration for the additional position(s).
FHFA may select from this announcement or any other source to fill one or more vacancies. This announcement may be used to fill like positions in other organizations within the Federal Housing Finance Agency. Applying to this announcement certifies that you give permission for FHFA to share your application with others in FHFA for similar positions.
The Federal hiring process is set up to be fair and transparent. Please read the following guidance.
FHFA's application process has been specifically developed to ensure that we only ask you for the information we absolutely need to evaluate your qualifications and eligibility. All applicants are required to submit the following supportive documents:
1. Your resume:
Your resume should list all work experience (paid and unpaid); you must list the full name of each employer.
For all types of work experience, you should indicate the start and end date (include month and year); you must also list the average number of hours per week that your worked.
Your resume should also include any education and training you have completed (list the program title, subject area, number of hours completed, and completion date).
2.SF 50's are required with the exception of current FHFA employees. Please include an SF-50 that shows your tenure (1 or 2 in Block 24) and competitive status (1 in Block 34). You will not be considered without this. The SF 50 should show highest grade held on a permanent basis in the competitive service. If you are a current SES, you must provide an SF-50 that indicates your competitive eligibility.
3. If you are not a current permanent FHFAexecutive, your application must also indicate how you meet the Executive Core Qualifications (ECQ's): You can submit a summary of 2 pages total of your experience as it relates to the below Executive Core Qualifications (ECQs). Or you may also apply for this position with your resume only as long as evidence of each ECQ is clearly reflected in your resume by name or number (not by inference).
Only current permanent FHFA executives are not required to submit or directly address the ECQ's
ECQs:(1) Ability to deliver results; (2) Skill in building coalitions; (3) Ability to manage resources; (4) Ability to lead people; and (5) Ability to lead change. This summary may include professional and volunteer experience, education, training, and awards.
4. Required, if applicable: CTAP/ICTAP documentation (a copy of a separation notice or other proof of eligibility for priority selection; a copy of an SF-50, Notification of Personnel Action, showing current position, grade, promotion potential, and duty location; AND a copy of your most recent performance appraisal.)
5. Required, if applicable: Veteran's Preference Documentation (DD-214, Member Copy 4 or other documentation containing dates of service and character of discharge. Disabled veterans and other applicants eligible for 10-point Veteran's Preference please include: documentation to validate your claim - VA letter, SF-15, etc.).
6. Other Supporting Documents:
Cover Letter, optional
Schedule A letter, if applicable
Important Notes:
Utilize the preview feature of USA Jobs to view your documents and ensure the formatting remains and all documents are legible.
Additional materials will not be accepted after the announcement closes (e.g. updated grades, updated resume, etc.).
Your full name must be clearly visible on all documents.
Do not submit encrypted documents.
Tips: Encrypted documents do not transmit properly through USA Jobs. We recommend, you save the document as a new PDF, or Print to PDF to ensure the document comes through properly and is displayed properly using the USA Jobs preview feature.
If the position has an education requirement or you are qualifying on the basis of education, you need to list your education history including the type of degree and your major of study. If the position requires a certain number of credit hours, you are strongly encouraged to list the relevant courses in your resume. Do not include a photograph or video of yourself, or any sensitive information (age, date of birth, marital status, protected health information, religious affiliation, social security number, etc.) on your resume or cover letter. We will not access web pages linked on your resume or cover letter to determine your qualification.
Failure to submit any of the above-mentioned required documents may result in loss of consideration due to an incomplete application package. It is your responsibility to ensure all required documents have been submitted.
If you are relying on your education to meet qualification requirements:
Failure to provide all of the required information as stated in this vacancy announcement may result in an ineligible rating or may affect the overall rating.
To apply for this position, you must complete the online application and submit the documentation specified in the Required Documents section below.
A complete application package must be submitted by 11:59 PM (EST) on 12/27/2024 to receive consideration.
To begin, click Apply to access the online application. You will need to be logged into your USAJOBS account to apply. If you do not have a USAJOBS account, you will need to create one before beginning the application.
Follow the prompts to select your resume and/or other supporting documents to be included with your application package. You will have the opportunity to upload additional documents to include in your application before it is submitted. Your uploaded documents may take several hours to clear the virus scan process.
After acknowledging you have reviewed your application package, complete the Include Personal Information section as you deem appropriate and click to continue with the application process.
You will be taken to the online application which you must complete in order to apply for the position. Complete the online application, verify the required documentation is included with your application package, and submit the application.
To update your application, including supporting documentation: During the announcement open period, return to your USAJOBS account, find your application record, and click Edit my application. This option will no longer be available once the announcement has closed.
To view the announcement status or your application status: Click on this: https://www.usajobs.gov/Help/how-to/application/status/. Your application status page is where you can view your application status, and review your notifications sent by the hiring agency regarding your application.
If you are unable to apply online, you must request an alternative application which is available from the Human Resources Office. Please contact Devin Hinkle at devin.hinkle@fhfa.gov or (202) 649-3777 to obtain an alternative application.
FEDERAL HOUSING FINANCE AGENCY
400 7th Street, SW
Washington, DC 20219
US
Next steps
After all application packages have been received, we will review your materials to ensure you meet the basic qualification requirements. We will evaluate each applicant who meets the basic qualifications on the information provided in his/her resume and the completed Occupational Questionnaire. Applicants deemed best-qualified may be contacted for an interview. We anticipate making a final job offer for this position within 45 days after the deadline for applications. All candidates will be notified of the final disposition.
There is currently one vacancy available for this announcement. However, should additional vacancies become available within three months from the closing date of this announcement, eligible applicants for this position may be referred for consideration for the additional position(s).
FHFA may select from this announcement or any other source to fill one or more vacancies. This announcement may be used to fill like positions in other organizations within the Federal Housing Finance Agency. Applying to this announcement certifies that you give permission for FHFA to share your application with others in FHFA for similar positions.
Fair and transparent
The Federal hiring process is set up to be fair and transparent. Please read the following guidance.
